BlackRock: EU approves Mainova WebHouse transaction
(CercleFinance.com) - The European Commission has approved the acquisition of joint control of the German company Mainova WebHouse by Mainova AG (also German) and BlackRock of the US.
Mainova WebHouse is currently exclusively controlled by Mainova.
The transaction mainly concerns the planning, construction and operation of data centers in the Frankfurt region of Germany.
The Commission concluded that the notified transaction would not give rise to competition concerns, given the limited market positions of the companies resulting from the proposed transaction.
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